The ED summons Congress president Sonia Gandhi  and Rahul Gandhi for questioning in the National Herald newspaper, money laundering case

The National Herald newspaper was started in 1938 by Jawaharlal Nehru. The newspaper was published by Associated Journals Limited (AJL) which was founded in 1937 with 5,000 other freedom fighters as its shareholders.  

The Associated Journals Limited (AJL) published two other dailies - the Qaumi Awaz in Urdu and Navjeevan in Hindi. The British Government banned it in 1942.

In 1947, Nehru resigned as chairman of the board of newspaper. Congress party continued to play a huge role in shaping the newspaper's ideology. 

Dr. Subramanian Swamy filed a case in the trial court against the Gandhis in 2012. It was alleged that the Gandhis used Congress party funds and took over AJL to try to acquire more than 20bn rupees in property assets.

At the time of shutting down the National Herald in 2008, AJL owed the Congress an accumulated debt of 900m rupees. 

In 2010, the Congress assigned this debt to Young India Private Limited, a non-profit company that had been created a few months earlier. Sonia and Rahul Gandhi are among its board of directors. 

Fill in some text

The remaining 24% is owned by Congress leaders Motilal Vora and Oscar Fernandes, journalist Suman Dubey and entrepreneur Sam Pitroda

Dr. Swamy alleges that the Gandhis used subterfuge to "take over" assets worth millions in a "malicious" manner. Also, Young India acquired complete control over AJL and its real estate, located in Delhi, Lucknow, Mumbai and other cities.

The ED is questioning Sonia and Rahul Gandhi regarding alleged financial irregularities in the party-promoted Young Indian Pvt Limited (YIL) that owns the National Herald Newspaper

Rahul Gandhi is being questioned by an Assistant Director level officer and being supervised by a Deputy Director and a Joint Director. Gandhi's statement is being recorded under Section 50 of the Prevention of Money Laundering Act.

The Delhi Police has imposed provisions of Section 144 Code of Criminal Procedure to prohibit assembly and entry of people on roads leading to the ED headquarters in Pravaratan Bhawan on APJ Abdul Kalam Road.

Thank You

LEGALLY FLAWLESS

Where Passion Meets The Legal World

Checkout More Web Stories

Arrow